Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.18 | 0.50% |
| Return on Equity (%) | ▲ | 6.44% | +1.50 | 4.94% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.14 | 3.31% |
| Efficiency Ratio (%) | ▲ | 84.72% | -3.50 | 88.22% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▼ | 1.69% | +0.14 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $116 | -4.22 | $120 |
| Gross Loans ($M) | ▲ | $81 | +7.60 | $73 |
| Loan Growth YoY (%) | ▲ | 77.12% | +8.46 | 68.66% |
| Total Deposits ($M) | ▼ | $103 | -1.95 | $105 |
| Shareholders Equity ($M) | ▲ | $13 | +0.74 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +0.74 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 77.12% | +8.46 | 68.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.04 | 0.52% |
| Allowance / Loans (%) | — | 1.94% | 0.13% | 1.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.16% | +0.02 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.47% | -1.41 | 18.88% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▃▄▂▄ | Net Interest Margin (%) | 3.71% | 3.70% | 3.21% | 3.31% | 3.35% | 3.40% | 3.31% | 3.44% |
| █▇▁▂▃▄▅▄ | Return on Assets (%) | 1.14% | 1.02% | 0.33% | 0.50% | 0.59% | 0.64% | 0.76% | 0.68% |
| ▁▂█▇▆▅▄▅ | Efficiency Ratio (%) | 76.3% | 78.6% | 92.0% | 88.2% | 86.2% | 85.0% | 82.5% | 84.7% |
| ▁▃▄▆▇▆▅█ | Cost of Funds (%) | 1.32% | 1.44% | 1.47% | 1.55% | 1.61% | 1.56% | 1.54% | 1.69% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.97% | 0.56% | 0.54% | 0.52% | 0.52% | 0.53% | 0.52% | 0.56% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.82% | 0.14% | 0.14% | 0.14% | 0.13% | 0.16% | 0.15% | 0.16% |
| ▄▁▃▅▆▇██ | Tang. Book Value ($M) | $12 | $11 | $12 | $12 | $13 | $13 | $13 | $13 |
| ▁▂▂▃▄▇██ | Gross Loans ($M) | $69 | $71 | $72 | $73 | $75 | $79 | $82 | $81 |
| ▁▁▄▆▆▇█▅ | Total Deposits ($M) | $97 | $96 | $102 | $105 | $104 | $106 | $108 | $103 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 7% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 21% |